GCTGigaCloud Technology Inc.

$2B

Q2 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$153M+23.5% YoY

Gross Profit

$40M26.4% margin

Operating Income

$23M15.3% margin

Net Income

$18M12.0% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

+19.8%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$18M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$455M

Total Liabilities

$224M

Stockholders' Equity

$231M

Cash & Equivalents

$182M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$153M	$124M	+23.5%
Gross Profit	$40M	$17M	+137.1%
Operating Income	$23M	$8M	+184.2%
Net Income	$18M	$6M	+201.5%

GCT Q2 2023 Earnings — GigaCloud Technology Inc. Revenue & Financial Results | Market Cap Arena